HOUSE AMENDED
        PRIOR PRINTER'S NOS. 1196, 1226, 2424         PRINTER'S NO. 2539

THE GENERAL ASSEMBLY OF PENNSYLVANIA


SENATE BILL

No. 941 Session of 1987


        INTRODUCED BY SHAFFER, CORMAN, GREENWOOD, SHUMAKER, PETERSON,
           SALVATORE, JUBELIRER, WENGER, ARMSTRONG, WILT, MADIGAN,
           RHOADES, HESS, LEMMOND, BRIGHTBILL, STAUFFER, LOEPER, MOORE,
           HELFRICK, STEWART, ANDREZESKI, ROSS, STOUT AND JONES,
           JUNE 23, 1987

        AS AMENDED ON THIRD CONSIDERATION, HOUSE OF REPRESENTATIVES,
           NOVEMBER 22, 1988

                                     AN ACT

     1  Amending the act of July 2, 1984 (P.L.520, No.105), entitled "An  <--
     2     act establishing a business infrastructure development
     3     program for making grants and loans for infrastructure
     4     necessary to complement industrial or commercial investment
     5     by private companies; prescribing requirements of and
     6     conditions for grants and loans; and making an
     7     appropriation," extending the expiration date of the act.
     8  REQUIRING MUNICIPAL RETIREMENT SYSTEMS TO PAY SPECIAL AD HOC      <--
     9     POSTRETIREMENT ADJUSTMENTS TO CERTAIN RETIRED POLICE OFFICERS
    10     AND FIREFIGHTERS; PROVIDING FOR THE FINANCING OF THESE
    11     ADJUSTMENTS; PROVIDING FOR THE ADMINISTRATION OF THE
    12     COMMONWEALTH'S REIMBURSEMENTS FOR THESE ADJUSTMENTS; AND
    13     MAKING REPEALS.

    14                         TABLE OF CONTENTS
    15  CHAPTER 1.  GENERAL PROVISIONS
    16  SECTION 101.  SHORT TITLE.
    17  SECTION 102.  DEFINITIONS.
    18  CHAPTER 3.  SPECIAL AD HOC MUNICIPAL POLICE AND FIREFIGHTER
    19                 POSTRETIREMENT ADJUSTMENT
    20  SECTION 301.  ENTITLEMENT TO SPECIAL AD HOC ADJUSTMENT.
    21  SECTION 302.  AMOUNT OF SPECIAL AD HOC ADJUSTMENT.

     1  SECTION 303.  PAYMENT OF SPECIAL AD HOC ADJUSTMENT.
     2  CHAPTER 5.  FINANCING OF SPECIAL AD HOC ADJUSTMENT
     3  SECTION 501.  ACTUARIAL FUNDING BY MUNICIPALITY.
     4  SECTION 502.  REIMBURSEMENT BY COMMONWEALTH.
     5  CHAPTER 7.  SPECIAL ACCOUNT                                       <--
     6  SECTION 701.  SPECIAL ACCOUNT CREATED.
     7  SECTION 702.  DEPOSITS INTO SPECIAL ACCOUNT.
     8  SECTION 703.  RESIDUAL EQUITY TRANSFER.
     9  CHAPTER 9 7.  ADMINISTRATIVE PROVISIONS                           <--
    10  SECTION 901 701.  MUNICIPAL RETIREMENT SYSTEM CERTIFICATION OF    <--
    11                 ADJUSTMENTS PAID.
    12  SECTION 902 702.  COMMONWEALTH DISBURSEMENT OF REIMBURSEMENT      <--
    13                 PAYMENT.
    14  SECTION 903 703.  MUNICIPAL RECEIPT OF REIMBURSEMENT PAYMENT.     <--
    15  SECTION 904 704.  ADMINISTRATION BY AUDITOR GENERAL.              <--
    16  CHAPTER 11 9.  MISCELLANEOUS PROVISIONS                           <--
    17  SECTION 901.  LIMITATION OF PRIOR ACT.                            <--
    18  SECTION 1101 902.  REPEALS.                                       <--
    19  SECTION 1102 903.  EFFECTIVE DATE.                                <--
    20     The General Assembly of the Commonwealth of Pennsylvania
    21  hereby enacts as follows:
    22     Section 1.  Section 12 of the act of July 2, 1984 (P.L.520,    <--
    23  No.105), known as the Business Infrastructure Development Act,
    24  is amended to read:
    25  Section 12.  Termination.
    26     No assistance shall be approved pursuant to this act after
    27  June 30, [1987] 1989.
    28     Section 2.  This act shall be retroactive to June 30, 1987.
    29     Section 3.  This act shall take effect immediately.
    30                             CHAPTER 1                              <--
    19870S0941B2539                  - 2 -

     1                         GENERAL PROVISIONS
     2  SECTION 101.  SHORT TITLE.
     3     THIS ACT SHALL BE KNOWN AND MAY BE CITED AS THE SPECIAL AD
     4  HOC MUNICIPAL POLICE AND FIREFIGHTER POSTRETIREMENT ADJUSTMENT
     5  ACT.
     6  SECTION 102.  DEFINITIONS.
     7     THE FOLLOWING WORDS AND PHRASES WHEN USED IN THIS ACT SHALL
     8  HAVE THE MEANINGS GIVEN TO THEM IN THIS SECTION UNLESS THE
     9  CONTEXT CLEARLY INDICATES OTHERWISE:
    10     "ACTIVE EMPLOYMENT."  THE SITUATION OF AN INDIVIDUAL, OTHER
    11  THAN AN INDEPENDENT CONTRACTOR, WHO PERFORMS FOR COMPENSATION
    12  REGULAR SERVICES FOR A MUNICIPALITY AND WHO IS REGULARLY ENTERED
    13  ON THE PAYROLL OF THE MUNICIPALITY.
    14     "CHIEF ADMINISTRATIVE OFFICER."  THE PERSON WHO HAS THE
    15  PRIMARY RESPONSIBILITY FOR THE EXECUTION OF THE ADMINISTRATIVE
    16  OR MANAGEMENT AFFAIRS OF A MUNICIPAL RETIREMENT SYSTEM, OR THE
    17  DESIGNEE OF THAT PERSON.
    18     "FIREFIGHTER."  A MUNICIPAL EMPLOYEE WHO HOLDS A FULL-TIME
    19  POSITION IN THE FIREFIGHTING SERVICE OF A MUNICIPALITY AND HAS
    20  RETIREMENT COVERAGE PROVIDED BY A RETIREMENT SYSTEM.
    21     "MUNICIPALITY."  A BOROUGH, CITY, COUNTY OF THE SECOND CLASS,
    22  INCORPORATED TOWN OR TOWNSHIP, HOWEVER CONSTITUTED, WHETHER
    23  OPERATING UNDER A LEGISLATIVE CHARTER; A MUNICIPAL CODE; AN
    24  OPTIONAL CHARTER ADOPTED UNDER THE ACT OF JULY 15, 1957
    25  (P.L.901, NO.399), KNOWN AS THE OPTIONAL THIRD CLASS CITY
    26  CHARTER LAW; A HOME RULE CHARTER OR AN OPTIONAL PLAN ADOPTED
    27  UNDER THE ACT OF APRIL 13, 1972 (P.L.184, NO.62), KNOWN AS THE
    28  HOME RULE CHARTER AND OPTIONAL PLANS LAW; OR OTHER ARRANGEMENT;
    29  OR AN ASSOCIATION OF THESE MUNICIPALITIES COOPERATING UNDER THE
    30  ACT OF JULY 12, 1972 (P.L.762, NO.180), REFERRED TO AS THE
    19870S0941B2539                  - 3 -

     1  INTERGOVERNMENTAL COOPERATION LAW.
     2     "POLICE OFFICER."  A MUNICIPAL EMPLOYEE WHO HOLDS A FULL-TIME
     3  POSITION IN THE POLICE SERVICE OF A MUNICIPALITY AND HAS
     4  RETIREMENT COVERAGE PROVIDED BY A RETIREMENT SYSTEM.
     5     "POSTRETIREMENT ADJUSTMENT."  AN INCREASE IN OR CHANGE IN THE
     6  AMOUNT OF A RETIREMENT ANNUITY, RETIREMENT BENEFIT, SERVICE
     7  PENSION OR DISABILITY PENSION BENEFIT GRANTED OR EFFECTIVE AFTER
     8  ACTIVE EMPLOYMENT CEASES.
     9     "PUBLIC EMPLOYEE RETIREMENT SYSTEM."  AN ENTITY, WHETHER A
    10  SEPARATE ENTITY OR PART OF A GOVERNMENTAL ENTITY, THAT COLLECTS
    11  RETIREMENT AND OTHER EMPLOYEE BENEFIT CONTRIBUTIONS FROM
    12  GOVERNMENT EMPLOYEES AND EMPLOYERS; HOLDS AND MANAGES THE
    13  RESULTING ASSETS AS RESERVES FOR PRESENT AND FUTURE RETIREMENT
    14  ANNUITY, RETIREMENT BENEFIT, SERVICE PENSION, OR DISABILITY
    15  PENSION BENEFIT PAYMENTS; AND MAKES PROVISION FOR THESE PAYMENTS
    16  TO QUALIFIED RETIREES AND BENEFICIARIES.
    17     "RETIREMENT SYSTEM."  A PUBLIC EMPLOYEE RETIREMENT SYSTEM.
    18     "SPECIAL AD HOC ADJUSTMENT."  A SPECIAL AD HOC MUNICIPAL
    19  POLICE AND FIREFIGHTER POSTRETIREMENT ADJUSTMENT.
    20     "SPECIAL AD HOC MUNICIPAL POLICE AND FIREFIGHTER
    21  POSTRETIREMENT ADJUSTMENT."  AN INCREASE IN OR CHANGE IN THE
    22  AMOUNT OF A RETIREMENT ANNUITY, RETIREMENT BENEFIT, SERVICE
    23  PENSION OR DISABILITY PENSION BENEFIT GRANTED OR EFFECTIVE AFTER
    24  ACTIVE EMPLOYMENT CEASES, AS PROVIDED FOR ON A ONE-TIME BASIS
    25  UNDER THIS STATUTE.
    26                             CHAPTER 3
    27                SPECIAL AD HOC MUNICIPAL POLICE AND
    28               FIREFIGHTER POSTRETIREMENT ADJUSTMENT
    29  SECTION 301.  ENTITLEMENT TO SPECIAL AD HOC ADJUSTMENT.
    30     A MUNICIPAL RETIREMENT SYSTEM SHALL PAY A RETIRED POLICE
    19870S0941B2539                  - 4 -

     1  OFFICER OR FIREFIGHTER A SPECIAL AD HOC MUNICIPAL POLICE AND
     2  FIREFIGHTER POSTRETIREMENT ADJUSTMENT UNDER THIS CHAPTER IF ALL
     3  OF THE FOLLOWING APPLY:
     4         (1)  THE RETIREE HAS TERMINATED ACTIVE EMPLOYMENT WITH
     5     THE MUNICIPALITY AS A POLICE OFFICER OR FIREFIGHTER.
     6         (2)  THE RETIREE IS RECEIVING A RETIREMENT ANNUITY,
     7     RETIREMENT BENEFIT, SERVICE PENSION OR DISABILITY PENSION
     8     BENEFIT FROM A MUNICIPAL RETIREMENT SYSTEM ON THE BASIS OF
     9     ACTIVE EMPLOYMENT WITH A MUNICIPALITY AS A POLICE OFFICER OR
    10     FIREFIGHTER.
    11         (3)  THE RETIREE BEGAN RECEIVING THE RETIREMENT ANNUITY,
    12     RETIREMENT BENEFIT, SERVICE PENSION OR DISABILITY PENSION
    13     BENEFIT BEFORE JANUARY 1, 1985.
    14  SECTION 302.  AMOUNT OF SPECIAL AD HOC ADJUSTMENT.
    15     (A)  GENERAL RULE.--EXCEPT AS PROVIDED IN SUBSECTIONS (B) AND
    16  (C), A MUNICIPAL RETIREMENT SYSTEM SHALL PAY A RETIRED POLICE
    17  OFFICER OR FIREFIGHTER A SPECIAL AD HOC MUNICIPAL POLICE AND
    18  FIREFIGHTER POSTRETIREMENT ADJUSTMENT UNDER SECTION 301, AS
    19  FOLLOWS:
    20         (1)  THE SUM OF $25 A MONTH, IF ON JANUARY 1, 1989, THE
    21     RETIREE HAS BEEN RETIRED AT LEAST FIVE YEARS BUT LESS THAN
    22     TEN YEARS.
    23         (2)  THE SUM OF $50 A MONTH, IF ON JANUARY 1, 1989, THE
    24     RETIREE IS TOTALLY DISABLED AND HAS BEEN RETIRED LESS THAN
    25     TEN YEARS.
    26         (3)  THE SUM OF $75 A MONTH, IF ON JANUARY 1, 1989, THE
    27     RETIREE HAS BEEN RETIRED AT LEAST TEN YEARS BUT LESS THAN 20
    28     YEARS.
    29         (4)  THE SUM OF $150 A MONTH, IF ON JANUARY 1, 1989, THE
    30     RETIREE HAS BEEN RETIRED AT LEAST 20 YEARS.
    19870S0941B2539                  - 5 -

     1     (B)  LIMITATION.--IF, UNDER SECTION 301, A RETIREE IS
     2  ENTITLED TO BE PAID A SPECIAL AD HOC MUNICIPAL POLICE AND
     3  FIREFIGHTER POSTRETIREMENT ADJUSTMENT BY MORE THAN ONE MUNICIPAL
     4  RETIREMENT SYSTEM, THE AMOUNT OF THE SPECIAL AD HOC ADJUSTMENT
     5  UNDER SUBSECTION (A) SHALL BE REDUCED SO THAT THE TOTAL OF ALL
     6  THESE ADJUSTMENTS PAID TO THE RETIREE DOES NOT EXCEED THE AMOUNT
     7  SPECIFIED IN SUBSECTION (A).
     8     (C)  MODIFICATION IN AMOUNT OF POSTRETIREMENT ADJUSTMENT.--IF
     9  A RETIREE ENTITLED TO RECEIVE A SPECIAL AD HOC MUNICIPAL POLICE
    10  AND FIREFIGHTERS POSTRETIREMENT ADJUSTMENT WILL RECEIVE A
    11  POSTRETIREMENT ADJUSTMENT FROM THE APPLICABLE MUNICIPAL POLICE
    12  OR PAID FIREFIGHTERS PENSION PLAN AFTER THE EFFECTIVE DATE OF
    13  THIS ACT, THE AMOUNT OF THE SPECIAL AD HOC POSTRETIREMENT
    14  ADJUSTMENT UNDER SUBSECTION (A) SHALL BE REDUCED BY THE TOTAL
    15  AMOUNT OF ANY MUNICIPAL POSTRETIREMENT ADJUSTMENT.
    16     (D)  CONSTRUCTION.--SUBSECTIONS (B) AND (C) SHALL NOT BE
    17  CONSTRUED TO REDUCE THE AMOUNT OF ANY RETIREMENT ANNUITY,
    18  RETIREMENT BENEFIT, SERVICE PENSION OR DISABILITY PENSION
    19  BENEFIT PAYABLE TO A RETIREE IMMEDIATELY PRIOR TO THE EFFECTIVE
    20  DATE OF THIS ACT.
    21  SECTION 303.  PAYMENT OF SPECIAL AD HOC ADJUSTMENT.
    22     THE SPECIAL AD HOC ADJUSTMENT IS EFFECTIVE ON THE DATE OF THE
    23  FIRST PAYMENT OF THE RETIREE'S RETIREMENT ANNUITY, RETIREMENT
    24  BENEFIT, SERVICE PENSION OR DISABILITY PENSION BENEFIT DUE AFTER
    25  DECEMBER 31, 1988. THE MUNICIPAL RETIREMENT SYSTEM SHALL PAY
    26  THIS AS SOON AS PRACTICABLE AFTER THAT AND SHALL INCLUDE IN THE
    27  FIRST PAYMENT ANY OMITTED AMOUNT PAYABLE BETWEEN THE EFFECTIVE
    28  DATE OF THE ADJUSTMENT AND THE DATE OF THE FIRST PAYMENT.
    29                             CHAPTER 5
    30               FINANCING OF SPECIAL AD HOC ADJUSTMENT
    19870S0941B2539                  - 6 -

     1  SECTION 501.  ACTUARIAL FUNDING BY MUNICIPALITY.
     2     A MUNICIPALITY SHALL FUND THE ACTUARIAL LIABILITY
     3  ATTRIBUTABLE TO A SPECIAL AD HOC ADJUSTMENT UNDER THE PROVISIONS
     4  OF THE ACT OF DECEMBER 18, 1984 (P.L.1005, NO.205), KNOWN AS THE
     5  MUNICIPAL PENSION PLAN FUNDING STANDARD AND RECOVERY ACT, AND
     6  SHALL INCLUDE THAT ACTUARIAL LIABILITY IN THE ACTUARIAL
     7  VALUATION REPORT UNDER THAT ACT OR UNDER THE ACT OF DECEMBER 6,
     8  1972 (P.L.1383, NO.293), ENTITLED "AN ACT REQUIRING MUNICIPAL
     9  PENSION SYSTEMS TO HAVE AN ACTUARIAL INVESTIGATION OF THE FUND
    10  MADE BY AN ACTUARY WHO SHALL REPORT HIS FINDINGS TO THE
    11  DEPARTMENT OF COMMUNITY AFFAIRS."
    12  SECTION 502.  REIMBURSEMENT BY COMMONWEALTH.
    13     (A)  GENERAL RULE.--EXCEPT AS PROVIDED IN SUBSECTION (B), IN   <--
    14  EACH OF THE TEN CALENDAR YEARS BEGINNING JANUARY 1, 1990, THE
    15  COMMONWEALTH SHALL REIMBURSE A MUNICIPALITY, FROM THE SPECIAL     <--
    16  ACCOUNT ESTABLISHED UNDER SECTION 701 GENERAL FUND, FOR THE       <--
    17  ACTUAL SPECIAL AD HOC ADJUSTMENT PAID DURING THE PREVIOUS
    18  CALENDAR YEAR.
    19     (B)  LIMITATION.--THE COMMONWEALTH SHALL NOT REIMBURSE ANY
    20  MUNICIPALITY FOR WHICH ANY ONE OF THE FOLLOWING APPLY:            <--
    21         (1)  THE MOST RECENT MUNICIPAL RETIREMENT SYSTEM
    22     ACTUARIAL VALUATION FILED UNDER EITHER THE ACT OF DECEMBER 6,
    23     1972 (P.L.1383, NO.293), ENTITLED "AN ACT REQUIRING MUNICIPAL
    24     PENSION SYSTEMS TO HAVE AN ACTUARIAL INVESTIGATION OF THE
    25     FUND MADE BY AN ACTUARY WHO SHALL REPORT HIS FINDINGS TO THE
    26     DEPARTMENT OF COMMUNITY AFFAIRS," OR THE ACT OF DECEMBER 18,
    27     1984 (P.L.1005, NO.205), KNOWN AS THE MUNICIPAL PENSION PLAN
    28     FUNDING STANDARD AND RECOVERY ACT, SHOWS ASSETS IN EXCESS OF
    29     THE PRESENT VALUE OF FUTURE BENEFITS.
    30         (2) THE IF THE INFORMATION REQUIRED UNDER SECTION 901      <--
    19870S0941B2539                  - 7 -

     1     EITHER WAS NOT CERTIFIED TO THE AUDITOR GENERAL OR WAS
     2     CERTIFIED AFTER APRIL 1 OF THE YEAR THE CERTIFICATION WAS
     3     DUE.
     4                             CHAPTER 7                              <--
     5                          SPECIAL ACCOUNT
     6  SECTION 701.  SPECIAL ACCOUNT CREATED.
     7     THERE IS HEREBY CREATED IN THE MUNICIPAL PENSION AID FUND A
     8  SPECIAL AD HOC MUNICIPAL POLICE AND FIREFIGHTER POSTRETIREMENT
     9  ADJUSTMENT ACCOUNT. THIS ACCOUNT SHALL BE ESTABLISHED AS SOON AS
    10  PRACTICABLE FOLLOWING THE EFFECTIVE DATE OF THIS ACT.
    11  SECTION 702.  DEPOSITS INTO SPECIAL ACCOUNT.
    12     NOTWITHSTANDING ANY APPLICABLE PROVISION OF THE ACT OF MAY
    13  12, 1943 (P.L.259, NO.120), REFERRED TO AS THE FOREIGN CASUALTY
    14  INSURANCE PREMIUM TAX ALLOCATION LAW, OR ANY APPLICABLE
    15  PROVISIONS OF THE ACT OF MARCH 4, 1971 (P.L.6, NO.2), KNOWN AS
    16  THE TAX REFORM CODE OF 1971, OR THE PROVISIONS OF SECTION 402(B)
    17  AND SECTION 803(C) OF THE ACT OF DECEMBER 18, 1984 (P.L.1005,
    18  NO.205), KNOWN AS THE MUNICIPAL PENSION PLAN FUNDING STANDARD
    19  AND RECOVERY ACT, IN EACH OF THE TEN CALENDAR YEARS BEGINNING ON
    20  JANUARY 1, 1990, PRIOR TO THE DEPOSIT OF THE PROCEEDS OF THE
    21  INSURANCE PREMIUM TAX ON FOREIGN CASUALTY INSURANCE PREMIUMS
    22  INTO THE GENERAL MUNICIPAL PENSION SYSTEM STATE AID PROGRAM
    23  REVENUE ACCOUNT, AN AMOUNT SUFFICIENT TO PROVIDE FOR THE
    24  COMMONWEALTH'S REIMBURSEMENT PAYMENTS TO MUNICIPALITIES FOR
    25  SPECIAL AD HOC ADJUSTMENTS UNDER THIS ACT SHALL BE DEPOSITED IN
    26  THE SEPARATE ACCOUNT CREATED UNDER SECTION 701. AFTER THESE TEN
    27  CALENDAR YEAR DEPOSITS, NO MORE AMOUNTS MAY BE DEPOSITED INTO
    28  THIS ACCOUNT FOR THE PURPOSES OF THIS ACT.
    29  SECTION 703.  RESIDUAL EQUITY TRANSFER.
    30     THE AMOUNT REMAINING AFTER DECEMBER 31, 1999, IN THE SPECIAL
    19870S0941B2539                  - 8 -

     1  ACCOUNT CREATED UNDER SECTION 701 SHALL BE TRANSFERRED INTO THE
     2  GENERAL MUNICIPAL PENSION SYSTEM STATE AID PROGRAM REVENUE
     3  ACCOUNT.
     4                            CHAPTER 9 7                             <--
     5                     ADMINISTRATIVE PROVISIONS
     6  SECTION 901 701.  MUNICIPAL RETIREMENT SYSTEM CERTIFICATION OF    <--
     7                 ADJUSTMENTS PAID.
     8     (A)  CERTIFICATION.--FOR EACH OF THE TEN CALENDAR YEARS        <--
     9  BEGINNING BEGINNING JANUARY 1, 1989, THE CHIEF ADMINISTRATIVE     <--
    10  OFFICER OF A MUNICIPAL RETIREMENT SYSTEM THAT PAYS A SPECIAL AD
    11  HOC ADJUSTMENT IN THAT YEAR SHALL CERTIFY THE TOTAL OF ALL
    12  ADJUSTMENTS PAID DURING THAT YEAR TO THE AUDITOR GENERAL NOT
    13  LATER THAN APRIL 1 OF THE FOLLOWING YEAR.
    14     (B)  FORM.--NOT LATER THAN FEBRUARY 1 OF THE YEAR IN WHICH
    15  THE FORM IS DUE, THE AUDITOR GENERAL SHALL SEND THE RETIREMENT
    16  SYSTEM THE PROPER FORM ON WHICH TO MAKE THE CERTIFICATION UNDER
    17  SUBSECTION (A).
    18  SECTION 902 702.  COMMONWEALTH DISBURSEMENT OF REIMBURSEMENT      <--
    19                 PAYMENT.
    20     (A)  PAYMENT TO ACCOUNT.--NOT LATER THAN JUNE 1 OF THE YEAR
    21  IN WHICH THE FORM IS DUE, THE AUDITOR GENERAL SHALL CERTIFY TO
    22  THE STATE TREASURER THE AMOUNT TO BE DEPOSITED INTO THE SPECIAL   <--
    23  ACCOUNT CREATED IN SECTION 701 DUE AND SHALL DRAW A WARRANT,      <--
    24  PAYABLE TO THE TREASURER OF THE MUNICIPALITY, ON THE STATE
    25  TREASURER FROM THE SPECIAL ACCOUNT CREATED IN SECTION 701 FOR     <--
    26  THE AMOUNT CERTIFIED UNDER SECTION 901(A) 701(A).                 <--
    27     (B)  DISBURSEMENT.--NOT LATER THAN SEPTEMBER 1 OF THE YEAR IN
    28  WHICH THE FORM IS DUE, THE STATE TREASURER SHALL DISBURSE THE
    29  REIMBURSEMENT PAYMENT. OUT OF THE SPECIAL ACCOUNT CREATED IN      <--
    30  SECTION 701.
    19870S0941B2539                  - 9 -

     1  SECTION 903 703.  MUNICIPAL RECEIPT OF REIMBURSEMENT PAYMENT.     <--
     2     UPON RECEIPT OF THE REIMBURSEMENT PAYMENT FROM THE
     3  COMMONWEALTH, THE TREASURER OF THE MUNICIPALITY SHALL DEPOSIT
     4  THE REIMBURSEMENT PAYMENT INTO THE MUNICIPALITY'S GENERAL FUND.
     5  SECTION 904 704.  ADMINISTRATION BY AUDITOR GENERAL.              <--
     6     THE AUDITOR GENERAL SHALL ADMINISTER THE SPECIAL AD HOC
     7  MUNICIPAL POLICE AND FIREFIGHTER POSTRETIREMENT ADJUSTMENT
     8  REIMBURSEMENT PAYMENTS. UNDER THE ACT OF JULY 31, 1968 (P.L.769,
     9  NO.240), REFERRED TO AS THE COMMONWEALTH DOCUMENTS LAW, AND 2
    10  PA.C.S. (RELATING TO ADMINISTRATIVE LAW AND PROCEDURE), THE
    11  AUDITOR GENERAL SHALL PROMULGATE REGULATIONS NECESSARY FOR THE
    12  EFFICIENT ADMINISTRATION OF THESE REIMBURSEMENT PAYMENTS AND
    13  SHALL SPECIFY THE FORM AND CONTENT OF ANY FORMS APPLICABLE TO
    14  THE REIMBURSEMENT PAYMENTS. THE AUDITOR GENERAL, AS DEEMED
    15  NECESSARY, SHALL MAKE AN AUDIT IN ACCORDANCE WITH GENERALLY
    16  ACCEPTED GOVERNMENTAL AUDITING STANDARDS OF EVERY MUNICIPALITY
    17  THAT RECEIVES A REIMBURSEMENT PAYMENT UNDER THIS STATUTE AND OF
    18  EVERY MUNICIPAL RETIREMENT SYSTEM THAT PAYS A SPECIAL AD HOC
    19  ADJUSTMENT UNDER THIS STATUTE.
    20                            CHAPTER 11 9                            <--
    21                      MISCELLANEOUS PROVISIONS
    22  SECTION 1101 901.  LIMITATION OF PRIOR ACT.                       <--
    23     THE PROVISIONS OF SECTION 7 OF THE ACT OF JULY 9, 1981
    24  (P.L.208, NO.66), KNOWN AS THE PUBLIC EMPLOYEE RETIREMENT STUDY
    25  COMMISSION ACT, SHALL NOT BE APPLIED TO THIS ACT.
    26  SECTION 1102 902.  REPEALS.                                       <--
    27     ALL ACTS AND PARTS OF ACTS ARE REPEALED INSOFAR AS THEY ARE
    28  INCONSISTENT WITH THIS ACT.
    29  SECTION 1103 903.  EFFECTIVE DATE.                                <--
    30     THIS ACT SHALL TAKE EFFECT IN 60 DAYS.
    F17L12RZ/19870S0941B2539        - 10 -